Hamilton Beach 2013 Annual Report Download - page 2

Hamilton Beach Brands (“HBB”)
Headquarters: Richmond, Virginia
HBB is a leading designer, marketer and distributor
of small electric household appliances, as well
as commercial products for restaurants, bars
and hotels.
HBB has a broad portfolio of some of the most
recognized and respected brands in the small
electric appliance industry, including Hamilton
Beach®, Proctor Silex®and Hamilton Beach®
Commercial.
Market Positions
2013
Financial Results
HBB:
HBB is a leading company
in retail and commercial
small appliances, with
strong share positions in
many of the categories
in which it competes.
HBB products are primarily
distributed through mass
merchants, national depart-
ment stores, wholesale
distributors and other retail
sales outlets.
Kitchen Collection:
Kitchen Collection is
the nation’s leading
specialty retailer of
kitchen and related
products in factory
outlet malls with 304
stores throughout
the United States at
December 31, 2013.
Principal Businesses
HBB:
Revenues:
$547.8 million
Operating profit:
$41.0 million
Net income:
$25.1 million
Equity:
$52.3 million
Return on Equity:(1)
51.4%
Return on Capital
Employed:(1)
34.9%
Kitchen Collection:
Revenues:
$196.0 million
Operating loss:
$10.9 million
Net loss:
$6.9 million
Equity:
$36.8 million
Return on Equity:(1)
(17.8%)
Return on Capital
Employed:(1)
(15.6%)
Kitchen Collection
Headquarters: Chillicothe, Ohio
Kitchen Collection is a national specialty retailer
of kitchenware and gourmet foods operating
under the Kitchen Collection®and Le Gourmet
Chef®store names in outlet and traditional
malls throughout the United States.
MINING
NACoal:
North American Coal is
among the ten largest coal
producers in the United
States.
Coal is delivered from
developed mines in North
Dakota, Texas, Mississippi,
Louisiana and Alabama,
primarily to adjacent or
nearby power plants.
North American Coal (“NACoal”)
Headquarters: Dallas, Texas
North American Coal mines and markets steam
and metallurgical coal for use in power generation
and steel production and provides selected value-
added mining services for other natural resources
companies. North American Coal operates seven
surface coal mining operations and has three
additional coal mines under development.
The company also provides dragline mining
services operating under the name “North
American Mining Company” for independently
owned limerock quarries in Florida.
NACoal:
Revenues:
$193.7 million
Operating profit:
$37.5 million
Net income:
$31.9 million
Equity:
$138.4 million
Return on Equity:(1)
26.3%
Return on Capital
Employed:(1)
13.0%
NACCO INDUSTRIES, INC. AT A GLANCE
(1) This Annual Report contains references to non-GAAP financial measures. Presentations of, and quantitative reconciliations to, the most directly comparable financial measures calculated and
presented in accordance with U.S. generally accepted accounting principles (“GAAP”) appear on page 20.